Consolidating student loans from aes heike makatsch dating 2016

05-Jun-2019 10:04

Standard plans last up to 10 years (or up to 30 years for Consolidation Loans).Fixed monthly payment amounts with a minimum amount of per month.

You'll pay less interest over time under this plan than under other plans.

If you miss the deadline, unpaid accrued interest may be capitalized (added to the Unpaid Principal), and your monthly payment will no longer be based on your income.

This may cause your Monthly Payment Amount to increase.

Education-Related You're eligible if you're enrolled at an eligible school at least half time or in a graduate fellowship program.

A Parent PLUS Loan may also be eligible if the student is enrolled in school at least half time.

You'll pay less interest over time under this plan than under other plans.

If you miss the deadline, unpaid accrued interest may be capitalized (added to the Unpaid Principal), and your monthly payment will no longer be based on your income.

This may cause your Monthly Payment Amount to increase.

Education-Related You're eligible if you're enrolled at an eligible school at least half time or in a graduate fellowship program.

A Parent PLUS Loan may also be eligible if the student is enrolled in school at least half time.

Keep in mind that if you are paying your current loans under an Income-Driven Repayment plan, or making qualifying payments toward Public Service Loan Forgiveness, then you will lose any credit toward loan forgiveness for payments made prior to consolidation.